Uber Takes Another Look at Cryptocurrency Payments Following Long Hiatus

Uber Eyes Stablecoin Integration Amid Renewed Interest in Crypto Utility

Uber is re-engaging with the crypto ecosystem, this time with a sharper focus on stablecoins. CEO Dara Khosrowshahi revealed during the Bloomberg Technology conference that the company is currently evaluating the feasibility of incorporating stablecoin payments into its platform.

“We’re in an active research phase,” said Khosrowshahi. “While Bitcoin has established itself as a digital asset, it’s stablecoins that offer the real-world utility we’d require for global operations.”

Uber’s interest in crypto dates back to 2021 and 2022, when company leadership acknowledged the potential of digital currencies, though no adoption followed. The firm has consistently ruled out holding crypto on its balance sheet but has remained open to accepting it as a form of payment — provided the conditions are right.

This renewed examination reflects growing corporate interest in blockchain-powered payment rails, especially as stablecoins see increasing institutional support and regulatory clarity. Khosrowshahi noted that crypto’s volatility remains a hurdle, but stablecoins offer a “compelling proposition” for cross-border settlements and emerging markets.

Uber’s early support for Meta’s now-defunct Diem project — an ambitious stablecoin initiative — shows a history of alignment with tokenized payment models. That context makes its latest statements more than just exploratory.

For now, Uber hasn’t committed to a timeline or specific digital asset, but its leadership’s tone has shifted from curiosity to cautious strategy — signaling that crypto, particularly in its most stable form, could still find a future inside the Uber app.